Report: Orlando hires Toronto GM Jeff Weltman to be president of basketball operations

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In Toronto, Masai Ujiri is the head of basketball operations and the guy with the hammer on deals. Jeff Weltman was his right-hand man and team GM.

Make that was his right-hand man, Weltman has been hired by the Orlando Magic to run its basketball operations, reports Adrian Wojnarowski of The Vertical at Yahoo Sports.

The Orlando Magic have hired Toronto Raptors general manager Jeff Weltman as the franchise’s president of basketball operations, league sources told The Vertical.

Weltman met with Orlando CEO Alex Martins and ownership on Monday, finalizing a five-year deal, league sources said.

Orlando officials had been intrigued with Cleveland GM David Griffin, but moved steadily toward Weltman as they became further engaged with his candidacy in recent weeks, league sources said. Weltman has been deeply involved in every aspect of the Raptors’ front office under president Masai Ujiri as Toronto became a perennial Eastern Conference contender.

Making a move now is smart in this sense: The Magic have the No. 5 pick in this draft and would want the guy making the big picture decisions about this roster on board to make this selection.

That roster already has some quality pieces — Aaron Gordon, Evan Fournier, Nikola Vucevic, maybe Elfrid Payton — but has underachieved. There were questions about the culture and a lack of accountability, and that blame ultimately fell on GM Rob Hennigan and he was let go. Frank Vogel is locked in as

Frank Vogel is locked in as coach, so how well Weltman and Vogel work together — and share a vision — will be key.

Weltman is well-respected around the league. He spent five seasons as an assistant GM in Milwaukee, and has been with the Raptors since 2013 as that team has risen up the Eastern Conference standings and had its best run in franchise history. He also has worked with the Clippers and in Denver. He’s been one of those guys expected to get a chance in the big chair for a few years now.

He’s got it, and it’s an interesting challenge in Orlando.

Report: John Wall contract extension Wizards’ top priority, but he’s unsure about committing

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Wizards guard John Wall can sign a contract extension this year, sign an extension next year or become an unrestricted free agent in 2019. No matter when he signs – because he’s still under contract for two more seasons – the new terms would take effect in 2019-20.

When will he lock in?

By making the All-NBA third team, Wall became eligible to sign a designated-veteran-player contract extension with Washington this summer. But because he has two years left on his current deal ($18,063,850 in 2017-18 and $19,169,800 in 2018-19), an extension could add just four years to his contract.

This is the only time Wall is guaranteed be eligible for a designated-veteran-player salary, though. He could add five years at the designated-veteran-player rate by making All-NBA in 2017-18 or 2018-19, but that’s obviously no guarantee.

Does Wall want to sign now, even for fewer years, while he’s designated-veteran-player eligible? Do the Wizards want to give him that higher max in order to secure his services for just four additional years?

J. Michael of CSN Mid-Atlantic:

An extension with Wall will be the top priority of the offseason in which Otto Porter is also a restricted free agent, league sources tell CSNmidatlantic.com.

From league sources close to the situation, Wall wants to see a bigger picture plan on where the franchise is headed before committing for longer.

Wall has never advanced past the second round, and he sounded disappointed in his supporting cast after the Wizards lost to the Celtics in this year’s second round. He has also expressed unhappiness about his lack of popularity in Washington.

But that’s a lot of money to turn down. Wall can’t simply pencil himself onto another All-NBA team is this guard-dominant league.

A designated-veteran-player projects to be worth $217 million over five years. If Wall plays out his contract without making an All-NBA team the next two years, his projected max – even if he re-signs with the Wizards – projects be worth $186 million over five years. That’s a $31 million difference!*

*Using Albert Nahmad’s $107 million salary-cap projection for 2019-20

Would Wall take such a large financial risk?

He must weigh his priorities (security vs. flexibility, staying in Washington vs. leaving) and his chances of making another All-NBA team in a league with Stephen Curry, James Harden, Russell Westbrook, Isaiah Thomas, DeMar DeRozan, Giannis Antetokounmpo, Jimmy Butler, Chris Paul, Kyrie Irving, Damian Lillard, Kyle Lowry, Klay Thompson and Kemba Walker.

Here’s a flowchart showing Wall’s possible outcomes and what his max contract projects to be in each scenario:

John Wall extension (4)

Report: Paul Millsap opts out of Hawks contract

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Even after the Hawks’ season ended, Paul Millsap wouldn’t confirm he’d opt out of the final year of his contract.

But the All-Star finally made the inevitable official.

Shams Charania of Yahoo Sports:

Atlanta Hawks All-Star forward Paul Millsap has opted out of his $21.4 million contract for next season to become a free agent, league sources told The Vertical.

The 32-year-old Millsap would have earned $21,472,407 if he opted in. It’s a virtual certainty he’ll earn more than that next season – and gain long-term security in a multi-year contract.

He might even get a max starting salary, which projects to be worth more than $35 million. Over a five-year contract with Atlanta, his max projects to be worth $205 million ($41 million annually). If he leaves, his projected max is $152 million over four years ($38 million annually).

The Hawks don’t yet have a general manager, but Millsap will reportedly negotiate directly with owner Tony Ressler, who said they’d make “every effort imaginable” to re-sign Millsap.

With that commitment and certain interest from other teams, how could Millsap do anything but opt out?

This isn’t a tell about his future with Atlanta. It’s an obvious financial decision.

Report: Atlanta Hawks will interview Chauncey Billups for GM opening

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Mike Budeholzer recently stepped down from his dual role as coach and GM of the Atlanta Hawks. That has left an open position for Atlanta as they approach the 2017 NBA Draft and free agency, both of which are barreling down on us.

The Hawks are gathering candidates for the open GM spot, and one surprise option appears to be former NBA veteran Chauncey Billups.

Billups, 40, has no executive experience but has expressed interest in being part of team leadership in the past.

Via ESPN:

The interview is expected to occur Tuesday in Los Angeles, sources say, and it is believed the organization isn’t looking to drag out the hiring process.

ESPN’s Marc Stein previously reported the Hawks have already interviewed Washington Wizards vice president of basketball operations Tommy Sheppard and Golden State assistant general manager Travis Schlenk.

The Hawks are facing Paul Millsap‘s unrestricted free agency this summer, and have the 19th overall pick in the 2017 NBA Draft. They also have a second round pick acquired from the Brooklyn Nets.

Report: Hawks reach out to assistant GMs with Warriors, Wizards, to fill Atlanta’s top spot

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The Atlanta Hawks need a new General Manager/head of basketball operations, and they are not afraid to think big — they asked Portland if they could speak to GM Neil Olshey about a new job, but were shot down.

Besides the big name targets, they are looking at some of the more respected assistant GMs around the league as well, reports Marc Stein of ESPN.

The Hawks likely have a fairly long list. On it is almost certainly David Griffin, the Cavaliers GM who is without a contract after this season (he is available July 1). Orlando also is waiting to see what is up with Griffin — will the Cavaliers pay him the going rate for a top GM? — before making their move.

Mike Budenholzer had been serving as head coach and GM, but he and assistant GM Wes Willcox both stepped away from their roles after a disagreement about the future direction of the franchise. Whoever gets the role next faces that same challenge. Paul Millsap is a free agent, should the Hawks max him out and re-sign him, likely making them a 4-6 seed, a good but not great team for the foreseeable future, or do they start the rebuild now. Budenholzer had wanted to rebuild, ownership may not want to go that direction, or maybe they wanted someone else to handle it.